RE: State of thingsMalloney
Here you go...$4-$5 stock Kerbrilliant predicted.
But you have to understand that Kerbrilliant, his family and friends are taking a bath on this one and the best defence he can muster to keep things positive and to find that silver lining with every down side to Pat.
I mean...look at the 25 cent buying opportunity that he has right now. Frig, a guy in his position must be pe..eing his pants to be able to buy at .25 cents. Especially when you read what the wise one said a while back.....
"Jump to PAT Forum SUBJECT: RE: valuation Posted By: KerBer Post Time: 5/1/2006 20:32 « Previous Message Next Message » One thing to note about the inital production is that the ore they will be milling will not be high grade ore. It will be the ore they extracted to explore and extend the mine. Once this ore has been used to get the mill up and running and all the kinks worked out (2 months?) they will then begin to mill the high grade ore. Cost per oz is a little hard to caculate, the company said $120 per ton of ore, so if they are getting an average of 10 g/t, that works out to $360 per oz. The good thing is that the mill can produce up to approx 80,000 ozs. and they keep expanding the resourse and thus the shelf life of the mine. A move to the TSE can only be a matter of time and will be good for the SP. I think it is possible that we will see $2.00 by July and longer term $4-$5 by this time next year."
I got more of Kerbrilliants BS fed ramblings from RS.....
I guess its like a drug.....once you start injecting the RS crap into your system, you can't do without it. And you try and keep the other drug users from going to rehab buy telling them how great it is.
I'm all out. Like Brucie, I'm happy I made the move to sell.